💰 Taiwan president quits as party head after China threat bet fails to win votes

TL;DR

TAIPEI, Nov 26 (Reuters) - Taiwan President Tsai Ing-wen resigned as head of the ruling Democratic Progressive Party (DPP) on Saturday after her strategy to frame local elections as showing defiance to China's rising bellicosity failed to pay off and win public support.The main opposition party the Kuomintang, or KMT, was leading or claimed victory in 13 of the 21 city mayor and county chief seats up for grabs, including the capital Taipei, compared to the DPP's five, broadly in line with expectations and similar to the results of the last local elections in 2018."It's not like the DPP has never failed before," Tsai, who will continue serving as president until 2024, added.'RED' ACCUSATIONSBoth the DPP and KMT, which traditionally favours close ties with China though strongly denies being pro-Beijing, had concentrated their campaign efforts in wealthy and populous northern Taiwan, especially Taipei, whose mayor from the small Taiwan People's Party could not run again due to term limits.The KMT has accused Tsai and the DPP of being overly confrontational with China, and of trying to besmirch the party for being "red" - a reference to the colours of the Chinese Communist Party."

Like summarized versions? Support us on Patreon!